The Railway Track Construction industry builds three kinds of rail networks to transport passengers, intermodal freight and mining output. In the past five years, the industry has displayed wide cyclical fluctuation, surging to a record peak in 2011-12 before trending down sharply over the past three years. Construction of intermodal freight and passenger networks relies on government funding, and expansion plans are developed to meet long-term objectives. Governments are heavily involved in the downstream industries as both owners and operators of track.
Businesses in this industry construct railway tracks, with contractors specifically engaging in new work, reconstruction and repairs. The industry also includes construction management firms and special trade contractors that construct railway tracks and transit systems.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.